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IT Plaza, Dubai Silicon OasisReady

IT Plaza, Dubai Silicon Oasis

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HIGHLIGHTS

About IT Plaza, Dubai Silicon Oasis

IT Plaza is a commercial building in Dubai Silicon Oasis. The tower has a built-up area of 72,000 sq. ft and is developed by Fatima International FZC. IT Plaza, Silicon Oasis has 15 floors and was launched on December 10th, 2005 and features offices and retail spaces. It was completed in April 2008.

Dubai Silicon Oasis or DSO is a rapidly progressing neighbourhood in Dubai featuring commercial, residential and hospitality projects.

In a Nutshell

  • Type of building: Commercial
  • Location: Dubai Silicon Oasis (DSO)
  • Developer: Fatima International FZC
  • Date of completion: 2008
  • Number of floors: 14
  • Unit type: Fitted offices and shops
  • Amenities: Gym, lobby, supermarket and restaurant
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BUILDING DETAILS

Facilities in IT Plaza

IT Plaza Building is a commercial project in line with international standards. The tower houses a range of offices and shops in addition to a restaurant and a supermarket. DSO Masjid is also close by. Here are the complete details of facilities in IT Plaza, Dubai Silicon Oasis.

Supermarket in IT Plaza, DSO
IT Plaza is home to Green Belt Supermarket

Parking

There are dedicated spaces for parking in IT Plaza.

Elevators

There are four high-speed elevators in IT Plaza, DSO.

Security and Concierge Services

The building is gated and has round-the-clock security as well as CCTV surveillance. There’s a concierge desk in the lobby to welcome guests and visitors.

Fitness Amenities

There is a lounge and equipped gym in IT Plaza.

Properties in IT Plaza, Silicon Oasis

The 15-storey IT Plaza, DSO features offices and shops in various sizes and layouts. One can find commercial units with covered areas ranging from 913 sq. ft. to 1,293 sq. ft. Those looking for offices can choose from:

  • Fitted units
  • Semi-fitted units
  • Furnished offices

Furnished offices are ready to move-in units equipped with broadband internet connection and workstations. If you wish to set-up your own workplace, you can get a fitted office with complete fixtures. Those on a budget can go for semi-fitted offices in Silicon Oasis IT Plaza.

Similarly, one can find shops in IT Plaza. Generally, these are available on the ground and first floor.

Offices in IT Plaza

Compared to other options in the community, offices for rent in IT Plaza are affordable. One can expect to pay around AED 60k per annum for a 900 sq. ft. office space. These are market competitive rates and you can even compare them with other offices for rent in Dubai Silicon Oasis.

Likewise, if you want to buy offices in IT Plaza, it will cost around AED 650k for a standard unit. To make an informed decision, you can compare the cost with other offices for sale in Dubai Silicon Oasis.

Shops in IT Plaza

IT Plaza is also a considerable option if you are looking to rent shops in Dubai Silicon Oasis. A standard shop covering 1,095 sq. ft. will cost around AED 50k annually. However, the cost varies depending on the floor the shop is based on. Those looking to invest will also find reasonable options here. The maximum a shop may cost is around AED 1.2M. Prices can also be compared with other shops for sale in Dubai Silicon Oasis.

Rental Trends in IT Plaza

  • A 400 sq. ft. office for rent is available for AED 25k.
  • A ready to move-in 900 sq. ft. office space costs around AED 60k to AED 80k.
  • Partitioned fitted offices with 1,543 sq. ft. of covered area cost around AED 110k.
  • Rents for shops in IT Plaza start from AED 45k.

Office and shop owners can pay the annual rents via multiple cheques.

Sales Trends in IT Plaza

  • A 511 sq. ft. shop for sale in the tower will cost AED 511k
  • Buying a spacious 1,200 sq. ft. shop in IT Plaza will cost AED 990k to AED 1.1M
  • A 900 sq. ft. office for sale in IT Plaza will cost around AED 530k to AED 650k

If you’re looking to buy spacious offices for sale in IT Plaza ranging from 1,200 sq. ft. to 1,487 sq. ft., expect to pay AED 800k to AED 1.2M.

Service Charges in IT Plaza

General FundPrice Per Sq. Ft. In AED
Services
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General upkeep of the building
3.05
Maintenance
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General repairs and replacements
2.86
Utilities Services
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Charges for using DEWA/district cooling facilities and meters
8.42
Management Services
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Owner’s association charges for managing the property
0.83
Insurance
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Charge for the insurance of the building
0.55
Master Community
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Fees for communal facilities in the neighbourhood
1.59
Reserved Fund
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Funds used for major repairs and to help maintain the yearly service charges fees
1.15
Total 18.45

These figures are based on the services charges for IT Plaza* as per the Dubai Land Department. Read more about Dubai service charges if you are interested in buying a property in Dubai.

*These charges are subject to change.

Dubai Transactions
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NEARBY AMENITIES

Transportation near IT Plaza

People usually prefer private conveyance in Dubai Silicon Oasis. However, the community is serviced by a network of bus links. Similarly, buses are the most used mode of public transportation near IT Plaza.

Bus Stations near IT Plaza

Silicon Oasis North Park, Bus stop is a 6-minute walking distance away from the building.

Metro Stations near IT Plaza

Centrepoint Metro Station can be found at a 28-minute drive away from IT Plaza, Dubai Silicon Oasis.

Restaurants near IT Plaza

One can find Boska Al Madina Restaurant on the ground floor of the building.

Restaurant in IT Plaza, DSO
Al Madina Restaurant in IT Plaza, Silicon Oasis

Other restaurants near IT Plaza include:

  • KFC
  • Manoushe Street
  • Chacha Chai

If you like Sushi, you can go to Sumo Sushi and Bento, which is around 6 minutes away from the building. You can also find Canto Restaurant near the tower.

Popular nightlife near IT Plaza include:

  • Mr. Toad’s Pub and Kitchen
  • Oasis Cantina

Above mentioned nightlife options can be found within a 10-minute drive away from the building.

Nearby Buildings

Point West is a residential project right next to IT Plaza Building Silicon Oasis. Silicon Heights 1 and Silicon Star 2 are residential projects located on the same street.

Things to Consider

The building has limited rent and sale listings as most units were sold out immediately. However, you can still find fitted and fully furnished offices. The building is ideal for those looking for ready to move-in offices to kickstart their business.

FAQs

DOES IT PLAZA HAVE FITNESS FACILITIES?

Yes, IT Plaza has a furnished gymnasium.

WHAT ARE THE PROPERTY TYPES IN IT PLAZA?

You will find offices and retail options in IT Plaza, DSO.

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